Counting Flood’s Toll on Thai Trade
No December shipments of HDDs to US from top exporters
Comparison of US waterborne import data from November 2010 with November 2011 indicates a 6.3% drop in trade volumes from Thailand – providing a partial measure of the damage done by the flooding of the country’s manufacturing centers in October.
The table below shows the decrease in US imports from Thailand overall as well as the drop in US imports of hard disk drives (HDDs) from the country that is the world’s leading producer of this essential computer component. The latest data shows no shipments at all from Thailand’s top HDD exporters to the US in December 2011.
One of these exporters, Western Digital, reported in early December that while some production was coming back online, other locations were still under water. The company expects significant industry supply constraints through the 2012 March quarter and beyond.
The bill of lading data reveals that some demand for HDDs in the US is being met by companies such as Min Aik Technology Co., a Taiwanese company with production facilities in Suzhou City, China, and CNE Direct, US-based specialists in computer hardware redistribution. (To learn more about using our data to track trade and identify sourcing alternatives ask for a demonstration.)
Date posted: January 3, 2012